Home-based Business Opportunity in Travel
How do you book travel? Did you know that 8 out 10 book travel online? And did you know all these online travel websites receive commissions from the travel vendors?
Whenever travel is booked online, the airlines, hotels, car rental agencies, cruise vendors, vacation resorts and all other travel vendors pay a commission to the originating website. These commissions range from five percent to as high as 20 percent. And in addition to these commissions, the online travel website will have additional fees incorporated in the final price. Some call them service fees and others call them handling charges. This happens to be a huge money maker for them as well.
Well with the advancement of the Internet, the average person can now get a piece of this huge pie; and it huge. Travel is the largest industry in the world at over $7 Trillion annually. To put that in perspective, Wal-mart does about $350 Million a year in business, so that would be 20 times the size of Wal-mart or three times the sizes of the annual budget for the United States of America! And the travel industry is predicted to double in size within five years!
What is causing this growth? The Baby Boomers who were born between 1946 and 1964 are starting to retire. And what do people do when they retire? They travel. What would you do if you had all the time in the world and the money you needed? You would travel?
Leading tax authorities are saying that a home-based business is one of the best tax strategies for the average American citizen. It just makes sense to be able to write off business expenses for travel and vacations you would take anyway. And then to be able to capture some of the business from the largest industry in the world makes it even more sense.
There is an incredible business opportunity in this industry and you can get more information at McDowellTravel.biz.
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